Donor


Definition of "Donor"

Patti Zajack
Patti Zajack Better Homes & Gardens Real Estate Gary Greene

One who donated or gives a gift or bequest.

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Popular Real Estate Terms

Charitable Gift Annuity

Donation of amount "A," made by donor X to a charity. The charity agrees to pay donor X an amount ("B") for the rest of donor X's life. Since the dona ...

Testamentary Trust

Also called settlor. A trust created by a will starting upon the donor's death. It empowers a trust administrator to implement the terms of the trust. ...

Trust

An agreement in which the trustee takes title of the property ( called corpus) owned by the grantor (donor) to protect or conserve it for either the g ...

Estate Transfers

Conveying of assets from the donor to the beneficiary as a means of minimizing the legal tax obligation of the estate of the donor and avoiding probat ...

Charitable Split Dollar Insurance Plan

Arrangement that provides for the reduction of estate taxes and the payment of tax-deductible life insurance premiums. The procedure is for a donor to ...

Bargain Sale

Charitable planning strategy in which a donor sells an asset to the charity for an amount less than its fair market value. Internal Revenue Service re ...

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